Should You Buy an Off-Plan or a Ready Property?


Buying property is one of the biggest decisions you’ll make—especially in a fast-growing market like Cambodia. Whether you're a first-time buyer or an investor, the choice often comes down to two options: off-plan (pre-sale) or ready (completed) property. Each comes with its own benefits and risks. Here's a breakdown to help you make a smart decision.

🏗️ What Is Off-Plan Property?

An off-plan property is purchased before construction is complete. Buyers rely on floor plans, brochures, and promises from the developer.

Pros:

✅ Lower purchase prices (10–30% less than completed units)

✅ Flexible and Long-Term payment terms over the construction period

✅ Early access to the best units, layouts, or views

✅ Potential for capital appreciation before completion

Cons:

⚠️ Risk of delays or construction failure

⚠️ Final product may differ from expectations

⚠️ No rental income until handover

⚠️ Market conditions may shift during the build

🏢 What Is Ready Property?

A ready or completed property is fully built and often furnished. You can inspect it in person and move in or rent it out immediately.

Pros:

✅ Immediate usage or rental income

✅ No construction risk

✅ Transparent quality and features

✅ What you see is what you get

Cons:

⚠️ Higher upfront cost

⚠️ Limited customization options

⚠️ Less flexibility in choosing layouts or views

Which One Is Right for You?

Choose Off-Plan If:

  • You’re an investor seeking long-term appreciation

  • You can wait 2–3 years before moving in or renting out

  • You want a lower entry price and flexible payment terms

Choose Ready Property If:

  • You want immediate occupancy or rental returns

  • You prefer lower risk and transparency

  • You’re using bank financing or buying for personal use

There’s no one-size-fits-all answer. Your ideal choice depends on your goals, timeline, risk tolerance, and financial situation. In Phnom Penh, Cambodia’s evolving property market, both off-plan and ready properties offer great opportunities—if chosen wisely. Always do your research, verify legal documentation, and work with licensed professional real estate agents.

Thinking about buying a pre-sale or ready to move in property in Phnom Penh or Anywhere in Cambodia? Contact ERA Cambodia now for a list of vetted, high-potential projects across Phnom Penh and beyond.

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